PADDY POWER BET £10 GET £20 OFFER
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£20 free bet
Open a new account, place a £10 bet and they'll give you a free £20 bet.
Following countries are excluded from Free Bet promotions: Bulgaria, Georgia, Russia, Latvia, Portugal. Moneybookers or Netteller to deposit will not qualify for this free bet offer
UNIBET £20 OFFER
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Before you can make a withdrawal or transfer the money to poker and casino, the bonus amount has to be turned over 6 times in our sportsbook on odds 1.40 or above. It is not allowed to bet on all possible outcomes on a match/event to reach the required turnover for the bonus requirements. Just use my matched betting strategy. This bonus is exclusive for UK residents only.
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EXPEKT €50 / £45 OFFER
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€50 / £45 bonus on first deposit
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VICTOR CHANDLER £100 OFFER
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Open an account with Victor Chandler and they`ll match the value of your first bet with a free bet to a maximum of £50. Place a further five real money bets of £10 or more and they`ll give you another £25 free bet. Place a further five real money bets of £10 or more and they`ll give you another £25 free bet and £25 in vccasino.com bonus funds.
BETFRED £50 OFFER
Posted by Pinterestgems | Posted in | Posted on 7:34 PM
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To get your free bet of up to £50, all you need to do is open an account, place your bet of £5 or more and they’ll give you a free bet to the same value, up to a maximum of £50.
Your free bet will be credited to your account within 48 hours of your qualifying bet being settled.
Customers who deposit via Moneybookers, Neteller and PayPal are excluded from the free bet offer!
Residents of, and debit / credit cards registered in the following countries (or countries formerly part of these) will not qualify for the free bet offer: Azerbaijan, Bulgaria, China, Denmark, Finland, Georgia, Hong Kong, Hungary, Israel, Italy, Latvia, Lithuania, Macau, Malaysia, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Taiwan, Thailand, Ukraine, Union of Serbia and Montenegro and Greece.
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Step by step Betfair trading tutorial / Step 4
Posted by Pinterestgems | Posted in | Posted on 7:49 PM
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Step 4 - Football trading strategy
On Betfair’s Match Odds the only outcomes that can be bet on are:
Home Win · Away Win · Draw (there is no option to bet on noscore draws)
The method: ·
· When trading resumes the odds for the draw will almost certainly have moved out.
Between the time you have placed your LAY BET and the time of the match the odds may move to your advantage to enable you to BACK the DRAW for a Guaranteed Profit or a NO LOSE situation. If this situation does not arise then move to the next stage. Before you use this strategy, I advocate three things: practice, practice and practice. Observe how the market behaves; get a “feel” for it. Paper trade for a time and see how At this point it is advisable to act as quickly as possible because the first odds on display following resumption of trading lean to the high side (to our advantage) and they will usually shorten soon after. Now that you know how to ask for your own odds, which you have seen in previous chapters, you may wish to ask for odds which you think will be taken. Don’t be too greedy; if the odds you ask for are too high someone is simply going to undercut you, leaving you to take the available odds. The message is act as quickly as possible following resumption of trading after a goal has been scored. As you gain confidence, and when that first goal is scored, you may wish to look for further trades. BACKING & LAYING, LAYING & BACKING, waiting for any indications that will swing odds in your favour for a profitable trade.
WHAT DO I DO IF NO GOALS ARE SCORED TOWARDS THE END OF THE MATCH?
To reduce your original liability, and if there is no alternative, it is advisable to tradeout at a loss.
Important:
Here is the online calculator for this LAY / DRAW hedging: Click here
Step by step Betfair trading tutorial / Step 3
Posted by Pinterestgems | Posted in | Posted on 3:17 PM
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Step 3 - BACK Odds and LAY Odds
Back Odds
1. 2 x £1 = £2.00 (Your Profit) Plus Original Stake Money = £1.00 Total Return = £3.00 Further examples using £1 as your Original Stake Money:
2. Odds 11/8 11/8 x £1 = £1.37 (Your Profit) Plus Original Stake Money = £1.00 Total Return = £2.37 Betting Exchange Trader
3. Odds 4/5 (Odds On) (5 to 4 On) This simply means that the Bookmaker is betting his £4 to your £5. 4/5 x £1 = £0.80 (Your Profit) Plus Original Stake Money = £1.00 Total Return = £1.80
Now that the basics of Fractional Odds has been covered you must get used to using
Decimal Odds if you are going to use the Betting Exchanges for your new adventures.
The examples below show the equivalent Decimal Odds format of the examples shown
above:
2. Odds 2.37 (Fractional Odds 11/8) Return from Bookmaker 2.37 x £1 = £2.37 Less Original Stake Money = £1.00 Your Profit = £1.37
3. Odds 1.80 (Fractional Odds 4/5) Return from Bookmaker 1.80 x £1 = £1.80 Less Original Stake Money = £1.00 Your Profit = £0.80
When BACKING you will be looking for , or asking for, as HIGH ODDS as possible.
LAY Odds
Bookmaker. Now, all there is to understanding LAY odds, is to reverse the role. You
are now the Bookmaker and accepting bets from others. Look at the examples again, but this time put yourself in the Bookmakers seat.
When you look at the layout of the Betting Exchanges later in this manual; in our case
Betfair, you will see two sets of odds
one for those wishing to "BACK" A
CONTESTANT TO WIN and one for those wishing to "LAY" A CONTESTANT TO
LOSE.
You will select the LAY odds if you wish to act as Bookmaker. Put simply, it means
other users of Betfair will be placing bets with you, as if you are a Bookmaker. They
will be betting on the contestant to WIN, whereas you will be looking for the contestant
to LOSE.
When LAYING you will be looking for, or asking for, as LOW ODDS as possible.
Step by step Betfair trading tutorial / Step 2
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Step 2 – Looking at the markets
Step by step Betfair trading tutorial / Step 1
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The first thing you need to do if you haven’t already done so is set up an account with Betfair. We would suggest a new and separate account even if you have one already as this will enable you to keep track of your progress and profits much better. To do this simply click on the join now button at the top of the page in Betfair or Betdaq and fill in your information. You will then need to make a deposit so think about how much you are going to need to start trading. We would suggest starting with around £1000 but less can be used (£100) initially and you can build up to higher stakes later on.
Important:
Betfair Trading Basics
Posted by Pinterestgems | Posted in | Posted on 1:00 AM
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Betfair. These are the building blocks of exchange trading and are all you
need to know to get going.
The individual football, horse racing, rugby and non-sporting event manuals
explain in much more detail the finer points of each. You should understand
the basics first then move on to find out about each manuals exact methods of
trading. This will ensure you get a good understanding and have all the tools
and skills you need to succeed as a trader.
How to identify a possible trade
Identifying trades is a simple thing to do like anything really if you know where
to look for the information that will help you.
The key to successful trading is research, research, research. Especially
when it comes to trading on football matches.
You can’t just pick an event and bet on it in the hope the outcome will go
your way and you can complete the trade. So many times in the early days of
trading we managed to come unstuck and lose money that we thought was
going to be easy to trade. We had no idea really because we didn’t research
the possibilities.
You need to have an idea which way the market is likely to shift or which way
a particular match is likely to go. If you get it wrong it can have dire
consequences. The first step to identifying trades is to look at the possibilities
for trading that day or week. We usually trade on a day to day basis starting in
the morning by looking at what events are in-play for the day.
Each sporting manual in the later chapters will tell you how to find the events
that are best traded on. You will need some information to help you make
decisions about which football or rugby match to trade on and we show you
how to find it in each chapter. When you select an event you think you would
like to trade on you need to research it and see if there are indicators as to the
possible outcome.
What type of trade to use
There are 2 main types of trade you can carry out. The first we will look at are
in-play events. We will look at what we call market shift trading a little later.
In-play trading
This is a quick trade that usually happens in a single event like a football or
rugby match or horse race. The event will be over within a couple of hours or
with a horse race a few minutes. You will need to see which events are in-play
for the day so you can research them and find out which are the best trades
for the day ahead. You can do this by looking at the in-play events on Betfair
that we showed you earlier. Horse racing is always available in-play or inrunning
as it is also called but only certain football matches are available.
So how do you trade in-play events?
Well trading on an in play event is simply laying or backing an element of the
event to guarantee you make a profit. The key to in-play trading is knowing
what is likely to happen in the event and therefore which way the market is
going to shift. The market will move a lot during an in-play event as the game
is played out or the race is run.
We traded in-play on the Scotland v France match of the 6 Nations rugby in
2006. France were the odds on favourites to win the match and Scotland were
the rank outsiders.
We thought Scotland had a better chance of winning than their odds
suggested so as the match kicked off we placed a lay bet on France of £500
at odds of 1.45. There isn’t a great liability there if France did win the match
as the odds were so low. We could have traded out if France scored a couple
of tries at around 1.25 – 1.30 early on so would have minimised the bet and
taken a small loss.
As it happens Scotland scored first and as they did so the odds on France
went up a little to around 1.65. Obviously it was early on in the match and
France could have come back and scored easily so the odds didn’t drift too
far. Right now we could have traded out of the bet by backing France at the
higher odds of 1.65 and made a profit but we though Scotland were still
looking the stronger side so decided to stick with it. Low and behold Scotland
scored again and at half time France had made a little headway and the score
was 13-3 to Scotland.
The second half
The odds now were up to 4.00 and a fantastic trading opportunity for us so we
took the odds and made a lovely guaranteed profit.
The second half was a bit more dicey with France scoring a try early on and
the odds dropped sharply back down to 2.00 which we though was excellent
as we just traded out at 4.00.
This just shows how much the market can shift in-play and this was a tight
game so the odds weren’t swinging greatly. They can swing much more than
this. As it happens Scotland won the match and we could have made £500 by
just leaving our original lay bet as it was but what if France had won by 1 point
in the final 5 minutes which was totally possible????
As it was we made a nice profit with no risk at all and we will go into the how’s
and whys of in-play trading in the manuals later in the chapters. We wanted to
give you an example of an in-play trade to show you how it works and why it
works here so you have all the information you need to start trading now.
We layed France at odds of 1.45 with £500 = Liability of £225 if they win and
profit of £500 if Scotland win or the match is a draw
At half time we backed France at 4.00 with £200
Profit if France win = £575 (£800 – original liability of £225)
Profit if Scotland win = £300 (£500 – France back bet of £200)
Profit if match draws = £300 (£500 – France back bet of £200)
You can see that no matter what happens in this rugby match we will win a
minimum of £300! Which we did as Scotland went on to win 20-16.